Norris Bishop has closed over 700 sales in the past 9 years. He has a wide variety of experience in short sales, traditional sales and REO Sales. Since Norris has vast experience in REO and short sales, he knows many of the lenders as well as their policies in great detail. If you are considering a short sale, you need a Realtor who understands the process and the steps it takes to reach an agreement with the lender. Putting together a correct short sale package for the lender is critical in getting a short sale successfully closed. If you leave out important information, it can often add weeks/months to the process.
Norris Bishop has had success getting short sales approved and closed within a 90 day time frame. This time table varies from lender to lender, but short sales can actually be closed in a reasonable amount of time.
If you owe more than market value on your property, a short sale may be your ONLY OPTION. A short sale is an excellent alternative to foreclosure. There are many programs- such as HAFA- that give the homeowner a specified amount of time to sell their property before it becomes an REO.
If you are considering a possible short sale, as a buyer or a seller, please give Norris Bishop a call today!